Firoz Patel was sentenced to 41 months in prison after he pleaded guilty to obstructing justice while trying to hide 450 Bitcoin, valued at over 43.5 million USD. This followed his previous conviction related to money laundering.
While serving time, Patel attempted to access and launder the concealed Bitcoin through multiple exchanges, even hiring a fake lawyer to evade further prosecution. The court also ordered him to forfeit significant assets, including the Bitcoin.
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